Amitabh and Abhishek Bachchan Acquire Luxurious Properties in Mumbai’s Mulund West

In a significant real estate move, the renowned Bollywood actors Amitabh and Abhishek Bachchan have recently purchased properties worth nearly ₹25 crore in Mumbai’s Mulund West. Discover the details of these high-value acquisitions and the Bachchan family

Amitabh BachchanAbhishek BachchanReal EstateMumbaiPremium Residential ProjectsReal EstateOct 24, 2024

Amitabh and Abhishek Bachchan Acquire Luxurious Properties in Mumbai’s Mulund West
Real Estate:Legendary Bollywood actors, Amitabh Bachchan and his son Abhishek Bachchan, have recently added to their real estate portfolio by purchasing properties worth ₹24.95 crore in Mumbai’s Mulund West. These acquisitions are part of the premium residential project, Eternia, developed by Oberoi Realty, according to registration documents accessed by the online platform for property sales, Square Yards.

The Bachchans have acquired a total of 10 apartments in the project. Eight of these units have a carpet area of 1,049 square feet (sq. ft.) each, while the remaining two units measure 912 sq. ft. per unit. Each transaction includes two car parking spaces, adding to the luxury and convenience of the properties.

For this substantial purchase, the Bachchans paid a stamp duty of ₹1.50 crore. Abhishek Bachchan purchased six units for approximately ₹14.77 crore, while Amitabh Bachchan acquired four units for around ₹10.18 crore. This latest acquisition has brought the Bachchan family’s real estate investments in 2024 to ₹100 crore.

Square Yards reports that since 2020, the Bachchan family has accounted for over a quarter of celebrity real estate transactions in the Mumbai Metropolitan Region (MMR). They have acquired approximately 0.19 million sq. ft. of property with a combined investment of ₹219 crore.

Bachchan Family’s Real Estate Transactions in 2024The following table provides a detailed breakdown of the Bachchan father-son duo's real estate purchases in 2024

| Property Name | City | Locality | No. of Properties Purchased | Total Area Transacted (Sq.ft.) | Buyer Name | Total Property Value (₹ Crore) | Type of Property | Month of Transaction ||-------------------------|---------|---------------|-----------------------------|-------------------------------|---------------------|-------------------------------|------------------|----------------------|| Signature Mumbai | Mumbai | Oshiwara | 1 | 19,271 | Amitabh Bachchan | 59.58 | Commercial | June || Oberoi Sky City | Mumbai | Magathane | 2 | 22,408 | Amitabh Bachchan | 6.79 | Residential | May || Oberoi Eternia | Mumbai | Mulund West | 4 | 4,196 | Amitabh Bachchan | 10.17 | Residential | October || Oberoi Sky City | Mumbai | Magathane | 6 | 5,385 | Abhishek Bachchan | 15.42 | Residential | May || Oberoi Eternia | Mumbai | Mulund West | 6 | 6,020 | Abhishek Bachchan | 14.78 | Residential | October || Total | | | 19 | 27,280 | | 106.74 | | |

Note The data includes transactions registered in 2024 (year-to-date). The area may be built-up or carpet, as specified in the registration document. The transaction documents may also include the names of legal entities owned by the mentioned celebrities.

Oberoi Realty, a prominent name in the real estate sector, has been at the forefront of developing premium residential projects in Mumbai. Their focus on quality and luxury has made them a preferred choice for high-profile individuals like the Bachchans.

Square Yards, the online platform for property sales, continues to provide detailed insights into real estate transactions, making it a reliable source for both buyers and sellers in the market.

Frequently Asked Questions

What is the total value of the properties recently purchased by Amitabh and Abhishek Bachchan in Mumbai’s Mulund West?

The total value of the properties recently purchased by Amitabh and Abhishek Bachchan in Mumbai’s Mulund West is ₹24.95 crore.

How many properties did Amitabh and Abhishek Bachchan acquire in the Eternia project?

Amitabh and Abhishek Bachchan acquired a total of 10 apartments in the Eternia project.

What is the stamp duty paid by the Bachchans for their recent property purchase?

The Bachchans paid a stamp duty of ₹1.50 crore for their recent property purchase.

How much has the Bachchan family invested in real estate in 2024 so far?

The Bachchan family has invested ₹100 crore in real estate in 2024 so far.

What is the total area of property transacted by the Bachchan family in 2024?

The total area of property transacted by the Bachchan family in 2024 is approximately 0.19 million sq. ft.

Related News Articles

Cybercrime in Real Estate: 4 Accused of Stealing ₹80 Lakh Worth of Data
Real Estate Pune

Cybercrime in Real Estate: 4 Accused of Stealing ₹80 Lakh Worth of Data

Four former employees of Jugyah Real Estate Pvt Ltd have been booked for allegedly hacking into the company's system, stealing data worth ₹80 lakh, and selling it to a rival firm.

July 5, 2024
Read Article
Mumbai's Luxury Real Estate Market Sees Surge in High-End Transactions
Real Estate Mumbai

Mumbai's Luxury Real Estate Market Sees Surge in High-End Transactions

Marico CEO Saugata Gupta's recent purchase of a luxury apartment in Worli, Mumbai, highlights the city's status as the most expensive real estate market in India.

August 20, 2024
Read Article
Appellate Tribunal Overturns MahaRERA Order, Denies Developer Concessions
Real Estate Maharashtra

Appellate Tribunal Overturns MahaRERA Order, Denies Developer Concessions

The Maharashtra Real Estate Appellate Tribunal (MREAT) has set aside a conditional interest payment order by MahaRERA, directing ITMC developers to pay a 2% interest on outstanding amounts without any concessions.

October 20, 2024
Read Article
KKR India CEO Secures Prime Sea-View Apartment in Mumbai’s Prestigious Carmichael Road
real estate news

KKR India CEO Secures Prime Sea-View Apartment in Mumbai’s Prestigious Carmichael Road

Mumbai, India's largest and most expensive real estate market, continues to set new benchmarks in property transactions. The latest high-profile acquisition is by the CEO of KKR India, who has secured a luxurious sea-view apartment in the exclusive Carmic

November 12, 2024
Read Article
Delhi-NCR: The Heart of India's Luxury Real Estate Surge
Real Estate Mumbai

Delhi-NCR: The Heart of India's Luxury Real Estate Surge

Delhi-NCR has emerged as a prime location for luxury housing, with sales increasing by an impressive 37.8% in early 2024. The region is leading in the development of premium residences that boast unique and sophisticated designs, catering to the elite mar

November 21, 2024
Read Article
CREDAI Challenges Proposed 18% GST on Floor Space Index for Real Estate Developments
Real Estate

CREDAI Challenges Proposed 18% GST on Floor Space Index for Real Estate Developments

The Confederation of Real Estate Developers' Associations of India (CREDAI) has voiced concerns over the proposed 18% Goods and Services Tax (GST) on the Floor Space Index (FSI) for real estate projects, arguing that it will add to the financial burden of

December 21, 2024
Read Article